CMS releases guidance for SNFs on increasing Medicaid reimbursement rates amid pandemic
By
Amy Novotney
Aug 26, 2020
The Centers for Medicare & Medicaid Services released a Medicaid informational bulletin Monday providing guidance to states on how they can help increase Medicaid reimbursement for skilled nursing facilities...
Nursing home industry on verge of financial collapse, group claims
By
Amy Novotney
Jun 11, 2020
Even before the industry was dealing with the COVID-19 pandemic, the average nursing home was operating on a razor-thin profit margin or net loss. That’s because Medicaid reimbursements only cover 70%...
Supply of post-acute care facilities continued decline last year: MedPAC report
By
Amy Novotney
Jul 21, 2020
The nation’s supply of inpatient rehabilitation facilities, long-term care hospitals and skilled nursing facilities continued to decline in 2019, contracting by 1.5%, 3.9% and 0.8%, respectively. That’s...
AHCA/NCAL releases FAQs about Medicare Accelerated and Advance Payment program
By
Amy Novotney
Apr 03, 2020
The American Health Care Association/National Center for Assisted Living released a series of frequently asked questions and answers about the Medicare Accelerated and Advance Payment program Thursday,...
Moody’s: Coronavirus stimulus will lessen economic pain, but won’t fully compensate healthcare...
By
Amy Novotney
Apr 14, 2020
The $2.3 trillion CARES Act will certainly provide some relief to hospitals and other healthcare systems, but the funding is unlikely to fully compensate for increased labor and personal protective equipment...
Lancaster Pollard: Multiple funding sources emerging for the senior living sector
By
Amy Novotney
Apr 23, 2020
Senior living and care organizations across the country are doing noble work, and it is essential that they receive additional resources and options in this trying time, according to an article published...
Medicare, many third-party insurers to cover coronavirus testing
By
Amy Novotney
Mar 10, 2020
Medicare and several leading insurers have committed to helping mitigate the costs associated with testing for and treating the novel coronavirus that has been spreading nationwide. In addition, officials...
Medicare will accelerate payments to providers and suppliers, CMS announces
By
Amy Novotney
Mar 31, 2020
On Saturday, the Centers for Medicare & Medicaid Services announced that it is expanding its accelerated and advance payment program for Medicare providers to ensure that they have the resources to fight...
Costs of COVID-19 threatens push toward value-based care
By
Amy Novotney
Apr 16, 2020
The National Association of Accountable Care Organizations released results of a survey of member ACOs Monday that could hold dire implications for the Medicare Shared Savings Program for ACOs.
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...